Huntsville Triplex Near
602 Beirne Avenue Huntsville, AL 35801
602 Beirne Avenue, Huntsville, AL, 35801
$445,000
For Sale
$445,000
MULTI_FAMILY - Huntsville, AL
Property Size1,920 SF
Price / SF$231.77
Days on Market23
Property Features for 602 Beirne Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 3
- Parking features
- Garage
- Appliances
- Oven, Refrigerator, Electric Water Heater
- Standard status
- Active
- Size
- 1,920 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Number of units
- 3
Listing Agency
Averbuch Realty
(256) 883-6600
7500 S Memorial Pkwy, Ste 122, Huntsville, AL
Listed by
Scott Averbuch · License #19471
(256) 656-3400
Added: Jun 29 Checked: Jul 21 at 6:06 am
MLS# 21912701
Listing URL
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex is located in Huntsville, Alabama, specifically in the Five Points neighborhood. The property is situated near downtown and the medical district, offering convenient access to Huntsville Hospital. The property is zoned R2B multifamily. The building has a property size of 1920 square feet.
Key Highlights
- Triplex in Five Points, near downtown and the medical district
- R2B multifamily zoning
- Central heating and central air conditioning
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.2k | $12.60 |
| − Vacancy | −$4.2k | −$2.18 |
| EGI | $20.0k | $10.42 |
| − OpEx | −$6.0k | −$3.13 |
| NOI | $14.0k | $7.30 |
1,920 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$200.1K
$175.1K – $233.4K
NOI $14,006 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$173.3K
$151.6K – $202.1K
NOI $12,128 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$500.0K
$437.5K – $583.3K
NOI $34,998 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex near downtown and medical district in Huntsville, Alabama.
Where is this triplex located?
The property is located at 602 Beirne Avenue Huntsville, AL.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Triplex in Five Points, near downtown and the medical district; R2B multifamily zoning; Central heating and central air conditioning
